AMPHLETT CORPORATION
Consolidated Balance Sheets
As of Year-End ($ thousands)	2012	2013
Assets
Current
Cash	$90,000	$15,000
Marketable securities	-	200,000
Accounts receivable (net)	440,000	590,000
Inventory	615,000	600,000
Total current assets	1,145,000	1,405,000
Noncurrent
Long-term investments	390,000	310,000
Property & equipment	1,100,000	1,800,000
Less: Accumulated depreciation	-500,000	-500,000
Property & equipment (net)	600,000	1,300,000
Intangibles (net)	105,000	95,000
Total noncurrent assets	1,095,000	1,705,000
Total assets	$2,240,000	$3,110,000
Liabilities & Shareholders Equity
Accounts payable	$850,000	$900,000
Short-term bank debt	-	190,000
Total liabilities	850,000	1,090,000
Shareholders equity
Common stock, $10 par value	675,000	775,000
Additional paid-in-capital	300,000	380,000
Retained earnings	415,000	865,000	450,000	$350,000
Total shareholders equity	1,390,000	2,020,000
Total liabilities & shareholders equity	$2,240,000	$3,110,000
AMPHLETT CORPORATION
Consolidated Income Statement
For Year Ended ($ thousands)	2012	2013
Revenues	$1,200,000	$1,430,000
Less: Cost of goods sold	420,000	500,000
Gross margin	780,000	930,000
Less: Selling, general & administrative expenses	120,000	150,000
Operating income	660,000	780,000
Gain on sale of investments	-	70,000
Net income before taxes	660,000	850,000
Less: Income taxes	11,000	50,000
Net income after taxes	$649,000	$800,000
Amphlett Corporation
Statement of Cash Flows
For Year Ended 2013
Operations
Net Income
Depreciation Expense
Amortization expense
Accounts receivable (net)
Inventory
Accounts payable
Cash Flow from Operations
Investing
Marketable securities
Long-term investments
Purchase of property and equipment
Cash Flow from Investing
Financing
Short-term bank debt
Common stock
additional paid in capital
Dividends
Cash Flow from Financing
Net Change in Cash
Cash, beginning of year
Cash, end of year